NetMind Token vs OriginTrail

OriginTrail (TRAC) is 54.6× the size of NetMind Token (NMT) by market capitalisation. Over the past 30 days, TRAC is ahead by 21.0 percentage points (NMT -16.3% against TRAC +4.7%). Their daily returns move barely together (correlation 0.20 across 28 shared trading days). TRAC has been the more volatile of the two, at 104% annualised against NMT's 79%.

Correlation: 0.20
Size ratio: 1 : 54.6
Ahead over 30 days: TRAC

NetMind TokenNMT

$0.042219

24h: +3.18%
Market cap: $2.77M
Volume 24h: $390
Volatility (ann.): 79%

OriginTrailTRAC

$0.338157

24h: +0.51%
Market cap: $151.25M
Volume 24h: $1.96M
Volatility (ann.): 104%

NMT 1.8%Share of the two combined market caps98.2% TRAC

Performance

NMTTRAC

7 days-12.56%-7.03%TRAC
30 days-16.35%+4.69%TRAC

Correlation

0.20over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	NMT	TRAC
Max drawdown (400d)	-25.9%	-22.2%
Risk-adjusted return (90d)	-0.27	0.29

Relative strength over 90 days: TRAC outperformed NMT by 22.7% — measured on the NMT/TRAC ratio, so it holds regardless of market direction.

NetMind Token →OriginTrail →